05/16/2016
Accountant loses £3million court battle with his sister over fund their father set up to save them from a second Holocaust
Alan Hamilton was furious his sister Carolyn was given more money
Legal, Regulation & Compliance
05/16/2016
Nomura Blames Biggest-Ever Loss on ‘Incompetent’ Bond Trader
A Nomura Holdings Inc. trader who failed to tell his bosses about the deteriorating performance of a client that helped cause the bank’s biggest-ever trading loss was "at best incompetent or at worst deceitful,”
05/16/2016
Video Reveals Truth Behind Viral Photos Of Knightsbridge Car Sprayed With 'Cheater' Graffiti
Photographs of a vandalised car went viral earlier this month , as it seemed a scorned lover had sprayed a Revere Range Rover with red paint as an act of revenge.
05/16/2016
BHS: How £1 deal led to £8MILLION fees bonanza for City advisers behind takeover
The administrators Duff & Phelps are now close to finding a new buyer with an announcement expected as early as Wednesday.
05/16/2016
Ireland's first US whistleblower millionaire: is it only a matter of time?
We don't pay whistleblowers for helping regulators - but the SEC will pay serious money for info on US corporate wrongdoing
05/16/2016
Norway Wealth Fund Will Seek to Join Class Action Against VW
The fund, which according to data compiled by Bloomberg owns 1.64 percent in Volkswagen, said it’s acting “to safeguard” its holding in the carmaker.
05/16/2016
London hedge fund faces £140m fine over corrupt payments
Investigators are also reportedly considering charges against the company’s former London boss Michael Cohen, who headed the office from the late 1990s to 2013, and Vanja Baros, Och-Ziff’s former Africa director.
05/16/2016
MFSA Warns that Alpha Capital Markets is Unauthorised in Malta
The company has allegedly been misleading investors by pretending to be regulated.
05/16/2016
China asks Britain for advice on creating financial super-regulator
The UK Treasury has lobbied hard to become China's partner of choice on a range of financial issue
05/16/2016
Proskauer Makes Real Estate Push In London With DLA Hire
Proskauer Rose has made a strategic play to capture work in London's burgeoning real estate market with the hire of DLA Piper's global co-chair of hospitality and leisure, Joanne Owen.
05/15/2016
Cyprus Needs An Anti-Money Laundering Champion
Back in 2012, organisational change and leadership expert Marina Theodotou and I co-authored a report for PwC entitled ‘Professional services: driving growth and jobs in Cyprus’.
05/13/2016
Former DeutscheBank broker sentenced to 4½ years for insider trading
Dodgson’s is the longest jail term ever imposed for insider trading in the UK topping the four years that the former head of Blue Index, a brokerage specialising in contracts-for-difference, received for the crime in 2012.
05/13/2016
Hargreaves Lansdown Founder Named in Panama Papers
One of the founders of Hargreaves Lansdown has been named in a leaked database of major offshore investors.
05/13/2016
Anti-corruption lesson from the hub of illicit money
British Prime Minister Cameron cited certain developing countries as the most corrupt based on a recent index.
05/13/2016
FCA must protect consumers from vertically integrated firms
That’s a real concern, I’m hoping when Andrew Bailey comes in to the FCA this sort of model – which is based on reducing competition in the market – looks at it.
05/13/2016
Notification Injunctions - a new tool for asset preservation? - Appleby
Plaintiffs often seek freezing orders to prevent defendants taking steps to thwart the enforcement of their judgments. However, a plaintiff can sometimes struggle to prove a real risk of dissipation or to provide very substantial security to fortify a cro
05/13/2016
Investment banker jailed 4.5 years for insider dealing
Martyn Dodgson, a former Deutsche Bank managing director, has received the longest ever prison sentence for insider dealing.
05/13/2016
FCA Tells Wealth Advisers To Up Their Game
The Financial Conduct Authority is preparing to visit a number of wealth managers later this year to check they are making progress after the regulator found major failings in suitability standards.
05/13/2016
FCA fines and bans Towry man for insider trading
Mark Steward, Director of Enforcement and Market Oversight at the FCA said: 'There can be no let-up in tackling insider dealing and this case shows the consequences will be grave and serious ones for perpetrators, even in small cases like this one.&#
05/13/2016
ING Sued by London Trader Over Racism, Whistleblowing Claims
Compensation at London’s employment tribunals is capped at about 80,000 pounds ($115,500) unless claimants can prove they were victims of discrimination, or were fired for whistle-blowing.